NVDL240726C69000
- 1.55
- -0.70-31.11%
GraniteShares 2x Long NVDA Daily ETF Newsroom
AI frenzy swept the fund market! Nvidia (NVDA.US) beat Tesla (TSLA.US) to become the most popular single-stock ETF asset.
According to the Wise Finance APP, a new player has taken the lead in the speculative field of ETF investments. Thanks to the continuous prosperity of artificial intelligence, Nvidia (NVDA.US) now dominates the ETF tracking of a company, occupying more than half of the assets of the so-called single-stock ETF, with a total amount exceeding $6 billion. Meanwhile, according to data from JPMorgan and Bloomberg Intelligence, Tesla (TSLA.US)-centered funds account for only one-fifth of all assets in the industry, down from two-thirds last year.
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The artificial intelligence gold rush continues to be popular, and AI-themed ETFs are crazy to attract more than 4 billion US dollars
Recently, the craze surrounding artificial intelligence has sparked a gold rush for artificial intelligence-themed ETFs. After a surprising rebound from market darlings such as Nvidia, investors expect to invest in this emerging technology through this new method.
The layout is bargain! After the Nvidia (NVDA.US) pullback, “hot money” poured into this ETF twice as long
Zhitong Finance learned that although the stock price of Wall Street's artificial intelligence darling continued last Friday's decline, as trading volume and capital inflows reached record highs, people who are bullish on artificial intelligence are increasingly fond of an ETF that is twice as long as NVDA.US (NVDA.US). Following a record $252 million in new funding last week, the trading volume of the GraniteShares2x Long NVDA Daily ETF (NVDL.US) reached the second-highest level in history on Monday. The fund provides investors with daily returns twice that of Nvidia and has increased since its launch at the end of 2022
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